About your Search

20120926
20121004
Search Results 0 to 5 of about 6
is we've got a wonderful energy practice. we're going a lot of things. our mantra is we want to find our clients yield, growth, and inflation hedging. we're doing that across our real assets. energy, infrastructure, real estate, and that's something we're very well prepared to do and we've been able to partner with our clients and put a fair amount of capital in that space. i think that will continue to be a big area for the firm. >> what about technology? you know, larry ellison yesterday talking about growth from the cloud. that's obviously one of the themes within tech. what where are you seeing nunt tech? >> technology in the u.s. is 15% of our market cap. it's 3% in europe. it's a core competency in the u.s. what i think is happening right now is remember in 1998 the world turned down, but it was asia that was in trouble. the central banks put liquidity in and technology did well, particularly growth stocks. my view right now is instead of asia being in trouble, it's europe, but people are going to migrate towards some of the good growth stocks. you've seen that in names, you know,
demand for energy out there. not only here, but in the world. so i'm just hoping that the stocks can hold on to their gains by keying off better housing numbers, which won't help oil but could certainly add to equities. i think the equities are going to have a hard time ignoring what the oil seems to be signaling. >> all right. we'll leave it there. thanks for your insight. leave it here. we have more on the oil slide on this busy wednesday edition of the "closing bell." >>> oil continues its slide but boone pickens says that's all the more reason to focus on natural gas. we'll find out why he thinks that's the way of the future and the auto industry. >>> then, he wants to know why no one on wall street is in handcuffs yet over the financial crisis. find out exactly which ceos he blames and what he says the department of justice needs to do right now to punish them. >>> plus, home builders are soaring but short sellers are hot on their trail. we're bringing in experts to look at the state of the recovery and which side of the housing trade you should be on. it's all coming up on the "clos
% or many this quarter with energy leading the way followed by tech, consumer discretionary and financials. some of the risk on you could see in those groups. with the energy sector the best performing stocks we saw, cameron international. one of the standout weak links in the sector, alpha natural resources, down about 25%. meantime, tech, the second best performer up about 7%. some really big movers here we saw. first, computer sciences. google, western digital. these were seeing 30% to nearly 50% moves. on the downside, we saw amd having a 41% drop for the quarter. to give you a little bit of perspective on that competitor, intel down only about 14%. finally, the utilities was the worst performing sector this quarter. the only one up today. aes first energy was a lagger. it wasn't all bad news. nrg energy and american electric power were higher, as you can see there. a lit of a mix. when all is said and done, not a bad quarter, given both the domestic and international environments, the uncertainty we've seen, the election is coming. we did well for the third quarter. >> all right. sure
bought some stocks in are the energy area and the industrials area recently. >> were you going to just jump in? sorry about that. >> yeah, i was going to ask -- peter was talking about looking for a pullback. i think a lot of people are looking for the pullback. that's the tough part. if everyone is looking for the pullback, it may not come or when we want it. it could be put off for quite a ways. >> that's a good point. what about that? you don't want to fight the fed, right? >> yeah, i guess not, but i think the market is kind of at least at a stalemate with the fed here. if you look back to when qe 3 was announced, we're just about even, maybe a little bit higher. i think that, to me, is a big warning sign that, you know, how long is it going to be? what point does the market become qe resistant? we're testing that thesis right now. i'm looking at some of the other factors. i'm looking at insider selling right now which is about 11 times higher than insider buying during september. so somebody out there is getting scared. i think that's a lot of the reasons we talk about often. fina
is the energy sector. with all the fracking going on, anything related to fracking. we have rail cars that carry sand. you can't get them. they're very, very valuable right now. any type of car that really isn't associated with the energy sector. that's one of the hottest sectors right now. >> an look where oil is. that makes sense with the momentum there. >> retailers, it's more mixed. some of the retailers are doing okay. some of them are not. it's much more of a mixed picture. >> the international story, is that part of their business? or is this largely a domestic set of companies we're looking at? >> no, these companies are primarily domestic. most of their business is in the u.s. more than half of their employees are here in the u.s. this is primarily a u.s. base. >> given your background, you were there at those meetings at the federal reserve during the financial crisis. how does it feel to you today versus where we were in 2008? >> well, it's much, much better. 2008 was an incredibly difficult time, certainly the worst period of time in my career. even though europe still has a lot of p
into the electric network. they don't worry about whether it's generated by coal or solar or wind or how the energy is created. they ignore that. that's handled by the electric service provider. they don't have to make huge investments in creating more electricity. it's all done as a service. computing is now being offered for the first time, if you will, over the last few years as a service in the cloud. it means the consumers don't have to get bogged down with the complexity of computing. they don't have to make a huge capital investment. they just plug n run their applications. >> tell me about the world today. there's a concern that things are slowing, not just at oracle, but throughout business because of the global slowdown. that's what we saw in the latest earnings release that you reported. and there's a change in terms of data. data has changed. and you've got to keep up with this changing data coming from all sorts of mobile devices, et cete cetera. tell me about business right now around the world. what are you seeing? >> actually, our business is fairly good. i know in reported u.s. dol
Search Results 0 to 5 of about 6